Lenovo to take over Fujitsu's PC business - Nikkei

China's Lenovo Group Ltd (0992.HK) is set to take over the personal computer operations of Fujitsu Ltd (6702.T) as the Japanese company seeks to focus on IT services and other higher-priority businesses, the Nikkei business daily reported on Thursday.
The two companies aim to reach a deal this month, the paper said, adding that about 2,000 Fujitsu workers would likely be transferred to Lenovo.
Fujitsu declined to comment. A spokesman for Lenovo in Japan said: "We don't comment on rumours."
One option for the deal would see Fujitsu transfer its PC design, development and... read more

Related news

Facebook has quietly debuted a feature on its social networking site that helps users find local businesses based on customer reviews, bringing it in direct competition with similar services from Yelp and Angie's List .
The feature was first spotted...

Domestic cell phone sales are also struggling because the firm lagged behind rivals in releasing smart phones, the daily said.
Panasonic will consider selling the Japanese cellphone business or forming a partnership with another company, it added.
The...

Toshiba Corp is considering spinning off its semiconductor business and selling a partial stake in the unit to Western Digital Corp, the Nikkei financial daily reported on Wednesday.
Shares of Western Digital, the California-based data storage...

Billionaire hedge fund investor Daniel Loeb last week called on the company to spin off its lucrative entertainment arm, setting the stage for a clash between his activist Wall Street fund and management at the Japanese electronics maker.
Sony...

an NEC spokesman said, declining to elaborate.
The Nikkei said that Lenovo may take a majority stake in NEC Personal Products Ltd, a wholly owned NEC unit, that makes and sells personal computers.
(Reporting by Mariko Katsumura; Editing by Joseph...